Nuveen Floating Rate Income Fund (JFR)
8.72
+0.01
(+0.11%)
USD |
NYSE |
May 03, 16:00
8.715
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
4.77% | -6.44% | 1.249B | 500220.2 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
11.34% | 28.00% | -34.26M | Upgrade |
Basic Info
Investment Strategy | |
The Fund seeks to achieve a high level of current income. The fund invests at least 80% of its assets in secured Senior Loans and unsecured Senior Loans, which unsecured Senior loans will be, at the time of investment, investment grade quality. |
General | |
Security Type | Closed-End Fund |
Equity Style | Mid Cap/Value |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Bank Loan |
Category Index | Morningstar LSTA US LL Index TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Corporate Bond - General |
Fund Owner Firm Name | Nuveen Fund Advisors, LLC. |
Prospectus Benchmark Index | |
Credit Suisse Leveraged Loan USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Scott Caraher | 9.44 yrs |
Kevin Lorenz | 3.62 yrs |
Performance Versus Category
As of May 03, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 03, 2024.
Basic Info
Investment Strategy | |
The Fund seeks to achieve a high level of current income. The fund invests at least 80% of its assets in secured Senior Loans and unsecured Senior Loans, which unsecured Senior loans will be, at the time of investment, investment grade quality. |
General | |
Security Type | Closed-End Fund |
Equity Style | Mid Cap/Value |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Bank Loan |
Category Index | Morningstar LSTA US LL Index TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Corporate Bond - General |
Fund Owner Firm Name | Nuveen Fund Advisors, LLC. |
Prospectus Benchmark Index | |
Credit Suisse Leveraged Loan USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Scott Caraher | 9.44 yrs |
Kevin Lorenz | 3.62 yrs |